agriculture sector subsidy & food processing section 2 Practice Questions Answers Test with Solutions & More Shortcuts
Agriculture Sector, Subsidy and Food Processing PRACTICE TEST [10 - EXERCISES]
agriculture sector subsidy & food processing section 1
agriculture sector subsidy & food processing section 2
agriculture sector subsidy & food processing section 3
agriculture sector subsidy & food processing section 4
agriculture sector subsidy & food processing section 5
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agriculture sector subsidy & food processing section 7
agriculture sector subsidy & food processing section 8
agriculture sector subsidy & food processing section 9
agriculture sector subsidy & food processing section 10
Question : 21
Which one of the following agencies is not included in the operation of the Kisan Credit Cards?
a) Co-operative Banks
b) Scheduled Commercial Banks
c) Regional Rural Banks
d) NABARD
Answer »Answer: (d)
A Kisan Credit Card is a credit card to provide affordable credit for farmers in India. It was started by the Government of India, Reserve Bank of India (RBI), and National Bank for Agricultural and Rural Development (NABARD) in 1998-99 to help farmers access timely and adequate credit.
The farmers can use cards to withdraw money from most of the banks like commercial banks, cooperative banks and regional rural banks. However, in day-to-day operations, NABARD is not included.
Question : 22
The Indian Institute of Horticultural Research is located at which among the following places?
a) Jaipur
b) Bhopal
c) Lucknow
d) Bengaluru
Answer »Answer: (d)
Indian Institute of Horticultural Research is located in Bengaluru.
The Institute spreads research activities by establishing its experimental stations at Lucknow, Nagpur, Ranchi, Godhra, Chettalli and Gonikopal.
Question : 23
What are the functions of NABARD?
- It is associated with the policy, planning, operation and even monitoring levels for providing agricultural credit.
- Its primary task is to function as a refinancing institution for all types of lending for agricultural and rural development.
- In addition to this, it provides term credit to state cooperative banks, regional rural banks, land development banks and state governments (only for share capital contribution to cooperative credit societies).
a) II & III
b) Only I
c) I & II
d) All the above
Answer »Answer: (d)
Its primary task is to function as a refinancing institution for all types of lending for agricultural and rural development.
In addition to this, it provides term credit to state cooperative banks, regional rural banks, land development banks and state governments (only for share capital contribution to cooperative credit societies).
Question : 25
Which of the fallowing are responsible for the decrease of per capita holding of cultivated land in India?
- Low per capita income.
- Rapid rate of increase of population.
- Practice of dividing land equally among the heirs.
- Use of traditional techniques of ploughing.
a) 1 and 4
b) 1 and 2
c) 2 and 3
d) 2, 3 and 4
Answer »Answer: (c)
Rapid rate of increase of population and practice of dividing land equally among the heirs are responsible for the decrease of per capita holding of cultivated land in India.
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Agriculture Sector, Subsidy and Food Processing Shortcuts »
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indian economy MCQ CATEGORIES
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» Introduction to Indian Economy
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» Planning, Economic Development & Five year Plans
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» National Income & Human Development Index
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» Agriculture Sector, Subsidy and Food Processing
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» Industries, Manufacturing & Service Sectors
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» Inclusive growth, Sustainable development and employment
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» Poverty & Unemployment
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» Introduction to Micro Economics
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» Introduction to Macro Economics
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» Macro fundamentals, GDP, Investment, Growth
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» Demand & Supply, Profit Loss, Inflation & Price Index
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» Fiscal Policy, Public Finance and Monetary Policy
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» Money Supply, Banking and Financial Institutions
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» Taxes Types, Methods & Budgeting Process
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» Banking, Security Market & Insurance
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